The Presidents / Chief Executive Officers                                                         
All Banks/Authorized Dealers

Upgradation of Foreign Exchange Computerized Reporting System

Please refer to DMMD Circular Letter No. 02 of 2008 dated May 21, 2008 and the instructions regarding FXCRS reporting issued from time to time.

In order to enhance the overall scope and coverage of Foreign Exchange data submitted by Authorized Dealers, SBP has revamped the old Microsoft Access based FXCRS system to a new Data Acquisition Portal (DAP) based system. Authorized Dealers are now required to upload FXCRS data through DAP as per the following three (3) datasets in the upgraded system:

Name of the dataset	Contents	Frequency	Deadline for reporting
FXCRS Deals	All foreign exchange deals	Daily	9:30 a.m. following working day
FXCRS Balances	Daily currency-wise FXCRS balances as per list of values	Daily	10:30 a.m. following working day
FXCRS Asset Liability Position	Monthly foreign currency on-balance sheet and off-balance sheet assets and liabilities	Monthly	By C.O.B second working day of the following month

The above instructions will be effective immediately. All other instructions on the subject will remain unchanged. Existing reporting of daily FXCRS data through email will continue as per practice. Separate instructions will be issued for discontinuation of current reporting.
In case of any queries, following contacts are available:

 

Business related queries: [email protected]
DAP related queries: [email protected]

       Yours Sincerely,     
-Sd-            
       (Muhammad Faisal)
        Senior Joint Director